Unilever announced on Friday, February 29, its biggest senior management
shake-up since Patrick Cescau became CEO in 2005, combining its home and
personal care unit with its foods division under a single executive and leaving
the Anglo-Dutch company with no English or Dutch executives in its uppermost
ranks.
The overhaul of the world’s No. 2 advertising spender expands the roles of
two key Indian executives—and the odds one will eventually succeed Cescau, 59, a
Frenchman, as CEO. The company is in the midst of 20,000 job cuts globally and
in the process of trying to sell its North American laundry detergent
business.
Vindi Banga, 53, now
president-foods, will also oversee home and personal care following Unilever’s
annual shareholder meeting in May. Harish Manwani, 54, currently
president-Asia/Africa, will add Central and Eastern Europe to his duties,
putting most developing and emerging markets under his leadership.
Manwani, who was president of North American home and personal care for about
a year prior to assuming his current post in 2005, like Banga began his career
with Unilever’s $3 billion Hindustan Lever business in India.
Doug Baillie, 52, born in Zimbabwe, will move from CEO of Hindustan Lever to
president of Western Europe, which will now operate as a separate unit from the
rest of Europe.
Two longtime executives are retiring: Kees van der Graaf, 57, a Dutch
executive who is now president-Europe, and Ralph Kugler, 51, a Brit who is now
president-home and personal care.
“We thank Kees and Ralph for all they have done for ... and we wish them
well,” Michael Treschow, the Swedish non-executive chairman of Unilever, said in
a statement.
The moves complete a near-total overhaul of
senior leadership at Unilever the past three years, including Treschow’s
appointment last year. The balance of top managers includes James Lawrence, 54,
an American and veteran of General Mills who was appointed CFO in September; and
Michael Polk, 46, an American and veteran of Kraft Foods and Procter &
Gamble Co. who became president-Americas in 2006.
Just over three years ago, Unilever was led by British and Dutch co-chairmen
and a mostly Anglo-Dutch leadership group.
Filed by Jack Neff of Advertising Age, a sister publication of Workforce
Management. To comment, e-mail editors@workforce.com.